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  • #15908
    Lakshman Chandrasekaran
    Participant
    Rank: Level 4

    Please ignore the first image.

    Short Position

    1. Entry – 687
    2. Stop Loss – 733
    3. Target – 641

    In the image attached of CIPLA a short position can be created at the above given values as we see a double top(A &B) and good volume around the second top. The time difference between the tops is also little over a month.

     

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